Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Brexit Explained #55/100

Could we see the economic impact of a no-deal Brexit much sooner than we think?

Analysis: We've been told that 29 March is the key date for the fate of the economy. But could we actually be experiencing the negative impact of a no-deal already? Ben Chu looks at the evidence

Sunday 10 February 2019 17:13 GMT
Comments
It takes six weeks to ship cars from the UK to Japan, meaning the real deadline for some exporters is 15 February
It takes six weeks to ship cars from the UK to Japan, meaning the real deadline for some exporters is 15 February (Getty)

The Business Secretary, Greg Clark, warned last week that the real Brexit deadline for some exports is not 29 March but 15 February.

This is because it takes six weeks to ship cars from the UK to Japan.

If the UK crashes out of the European Union with no deal on 29 March it will also lose the coverage of the new Japan-EU trade deal, which means zero tariffs on cars sent between the two markets.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in